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the fiscal cliff? >> everybody agrees. >> going over the fiscal cliff will hurt our economy and will hurt job creation in our country. >>er -- every family in america will see their taxes automatically go up at the beginning of next year. >> shepard: so how to avoid that. >> the president and congress will either fail together or we will succeed together. >> there has to be a deal. there has to be an agreement. >> and if they can't come up with a compromise, we are all going to pay the price. plus, they are some of the biggest names in baseball. bonds, clemens, sosa. all three tainted by accusations they used performance enhancing drugs. but should that keep them from cooper's town? tonight, the great debate over baseball's hall of fame ballot but first from fox this wednesday night, the president hopes who have the framework of a deal to avoid the so-called fiscal cliff by christmas. president obama says he would like congress to pass a bill even sooner to extend tax cuts for the middle class families. and he invited some of those middle class americans to the white house today to help make
't know, feeling better and so much of this is about how we feel about the economy. >> oh, yeah. that's right. investors may not like it, but consumers love it. their confidence, the highest level in many, many months. still below 90, which is really the point at which you see a really strong and robust economy. but the fact that consumer confidence has been doing so much better, it's very important. now, here is possibly a source of their optimism. 20% of consumers expect more jobs in the next six months and that would be a cause for much optimism. >> shepard: yes, it would. the fears about europe's debt crisis clearly eased a bit 'cause there is another deal to provide aid to greece. >> more money for greece, $57 billion. it took three weeks to come to this conclusion for european and global leaders to say hey, we'll give you the money. it will come in four installments and if they didn't get this, they would be in bankruptcy. as you know, that would be bad for the entire e.u. that country, greece, has an unemployment rate of 25%. 25. >> shepard: big number. >> it's a very big numbe
crisis. citigroup had survived with the help of two taxpayer bailouts. meanwhile the economy still missing the mark on adding jobs nationwide. employers added fewer new jobs last month and economists were opening and expecting. according to the payroll firm adp the private sector added 118,000 jobs in november. analysts had predicted a gain of 125,000. members of congress watched the attack play out in realtime at a classified briefing today on capitol hill. lawmakers say the national intelligence director showed them video of that attack that killed our u.s. ambassador to libya chris stevens and three other americans on september 11th of this year. catherine herridge live on capitol hill with more. catherine? >> well, thank you, harris. good evening. lawmakers say that this brief was constructive and that at times the videos were hard to watch. >> this was supposed to be sovereign u.s. territory and people can just come in and walk in on us like that without any kind of resistance, really makes your blood boil because you are thinking to yourself where is the security? >> to the d
of the overall assemblage of lawmakers on capitol hill to hold the american economy hostage, to threaten default on the american economy. >> the bottom line tonight is that white house officials are telling me unless john boehner admits that basically the president won the election, and that, in fact, taxes have to go up, in terms of tax rates have to go up on the rich, the president is prepared to see the nation go off the fiscal cliff, shep. >> shepard: what's the thinking on whether they can actually come together at some point here, ed? >> right now it's pretty dim. if you look at what speaker john boehner said in that exclusive interview with our own chris wallace on "fox news sunday." he said right now there are nowhere in these talks. other serious republicans like lindsey graham says he thinks we are edging closer to closer to this just being in calamity. >> i think we are going over the cliff. it's pretty clear to me that they made a political calculation. >> he believes we are likely to go of 00 cliff now. the bottom line is tonight the president is hosting congressional leaders for th
that there is a lot at stake not just for the national economy but state by state. some of their budgets could take a major hit if, in fact, the nation goes off the so-called fiscal cliff. his spokesman jay carney was even tougher in going after speaker john boehner's latest proposal in saying it simply doesn't add up. >> we don't know who pays. we don't know what we're talking about in terms of actual legislation to increase revenues. it's magic beans and fairy dust. >> the bottom line is the president and speaker boehner have not spoken now in several days. so there is really no signs of progress. there has been some discussion that look that's just happening in public. behind closed doors maybe they are gaining some ground, i have spoken to some top white house officials tonight some top republicans on the hill they say in private they are not making progress either, shep. >> shepard: republicans say they have offered some compromises. >> they have in the sense that speaker boehner with his policy late yesterday put $100 billion in new tax revenue on the table. that was a concession by him but n
. >> shepard: vice president biden did his part for the economy today. he went shopping? >> yeah a new cosco here in washington, d.c. opened up today. big crowd in the parking lot. vice president's motorcade showed up. he actually bought a big screen tv as well as a apple pie. what could be more american than that. he went on to is a say he is feeling good and optimistic about a deal. take a listen. >> i am. i am. all these folks in this store, man, going to make a difference. >> more important than shopping trip will be what actually happens between the president and speaker boehner. we're told they had a phone call last night. initial report suggested it was tense. white house saying they made some progress. we will see. shep? >> shepard: ed henry at the white house tonight. thanks very much. we are learning a bit more about the winning power ball tickets from last night's record jackpot. we don't yet know who the big winners are. but we do know what one guy plans to do with his-million-dollar second prize. turns out it involves dinner at red lobster. that's ahead. plus former president ge
Search Results 0 to 6 of about 7 (some duplicates have been removed)

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